….Says $26Bn Transactions Through Binance Nigeria Difficult To Trace The Central Bank of Nigeria (CBN) Governor, Dr. Olayemi Cardoso, on Tuesday disclosed that the apex bank spent over N10 trillion in interventions to different sectors of the economy over the past six years without significant results to show for such humongous expenditure. He […]
The Executive Vice Chairman/CEO of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has harped on the increasing relevance of emerging technologies to the nation’s economic growth drive as the Commission continues to strengthen its collaboration with relevant stakeholders in telecom industry to review the current operating standards and introduce new measures in accordance with […]
The Nigerian Communications Commission (NCC) has reported that 5G subscriptions in the country increased to 2.3 million in December 2023. The latest data from the telecoms industry regulator on the cadres of network deployment by the mobile network operators (MNOs) showed that despite the gradual migration of their networks to global best standards, the 5G […]
The Nigerian Communications Commission (NCC) and the Economic and Financial Crimes Commission (EFCC) have agreed to synergize efforts to tackle technology-driven crimes in the country in order to make Nigeria more investment-friendly and promote socioeconomic activities. The Executive Vice-Chairman/Chief Executive Officer (EVC/CEO) of NCC, Dr. Aminu Maida, gave this hint during his recent visit to […]
Apparently determined to involve more stakeholders in his administration’s drive to improve the performance of the nation’s economy, President Bola Tinubu on Sunday inaugurated an economic advisory committee comprising membership from the federal and sub-national governments and the organized private sector (OPS). The President’s latest action was the outcome of a meeting he held with […]
Economists at Comercio Partners, a Nigerian firm providing financial advisory and assets management services, have advised the Central Bank of Nigeria (CBN) to critically weigh the option of maintaining a bullish stance at the next meeting of its Monetary Policy Committee in view of the current micro and macroeconomic challenges in the economy and the […]
….As Lagos Maintains Lead in Internet, Voice Subscriptions The National Bureau of Statistics’ (NBS’) at the weekend reported that Nigeria’s active internet subscribers rose to 163,838,439 in Q4 2023 from 154,847,901 reported in the corresponding quarter of 2022, indicating that internet a 5.81% year-on-year increase while on a quarter-on-quarter basis, the number grew by 2.29%. […]
The British High Commission in Nigeria has commended the Ogun State Government on its aggressive industrial revolution drive, which has turned the state into preferred choice for local and foreign investors over the past few years. The Deputy British High Commissioner, Mr. Jonny Baxter, gave the commendation on Friday when he led a team from […]
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has assured the management of the Digital Bridge Institute (DBI) of the commission’s readiness to give it necessary support in the current drive towards the full digitalization of the nation’s economic system. Maida made this promise during his inspection visit to the […]
President Bola Ahmed Tinubu has approved the appointment of new management teams in agencies under the Federal Ministry of Communications and Digital Economy as part of his current initiatives aimed at strongly positioning the agencies for improved performance and contributions to Nigeria’s economic growth. The Special Adviser to the President on Media and Publicity, Chief […]